This paper is concerned with the analysis of firm performance, measured as total factor productivity, using a panel of … pressure improves firm performance in Bulgaria; (ii) disorganization, measured by complexity of a sector, has a negative effect … pressure nor disorganization has any effect on firm performance, suggesting that these factors only matter at the start of …

estimating firm performance, by making use of the properties of the primal and dual Solow residual. We find that privatization is …